10% Home Office Plus Reverse Convertible Bond – available on secondary market

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10% Home Office Plus Reverse Convertible Bond – available on secondary market

Achieve 10 % per annum with the home office trend: 2-year term and a barrier being set at 60% of Cisco, Microsoft and Zoom – observation only at maturity!

The 10% Home Office Plus Reverse Convertible Bond combines twofixed interest payments of 10% with a partial safety mechanism for the invested capital down to the barrier of 60% (only observed at maturity). The interest amount is paid out annually, regardless of the performance of the three underlying shares (Cisco Systems Inc., Microsoft Corp. und Zoom Video Communications Inc.).

The share basket of the Reverse Convertible Bond consists of three heavyweights of the American technology sector, who provide modern home office solutions:

  • Cisco Systems Inc. is a multinational company based in Silicon Valley that focuses on networking hardware, software and telecommunications equipment.
     
  • The international hardware and software manufacturer Microsoft Corp., based in Washington State, is known for its Windows operating system and Office software package.
     
  • The globally active company Zoom Video Communications Inc. is a provider of cloud-based communication software for the effortless exchange of information.

The certificate is redeemed at 100% of the nominal value at the maturity date (March 2023), provided that the daily closing price of each of the three underlying shares quote above the barrier of 60% of each respective strike on the final valuation date (observation only at maturity).

If one of the barriers is touched or undercut by the daily closing price of at least one of the underlying shares and at least one of these shares closes below its strike at the final valuation date, the predefined amount of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).

Further information as well as the Key Information Document please find on Product Page.

Reverse Convertible Bonds - explained in an easy way

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For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.

The Team Structured Products of Raiffeisen Centrobank

 

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Key facts:
  • Name: 10 % Homeoffice Plus Aktienanleihe
  • ISIN: AT0000A2PDP6
  • Initial valuation date: Mar 23, 2021
  • Term: 1 year
    (Maturity date: Mar 24, 2023)
  • Listing: Vienna, Frankfurt, Stuttgart
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Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.